Ship of Fuels - As Global LNG Market Grows And Evolves, Vessel Usage Follows Suit

RBN Energy Blogcast

The number of floating storage and regasification units in operation has nearly doubled in the last few years, but that’s hardly a shock given the growth in the global LNG market. What might be a surprise is how a number of these specialty vessels are being utilized and what it could mean for the shipowners and the wider LNG market. In today’s RBN blog, we look at specific projects to gauge the progress made in the FSRU space, the recent slowdown in orders, some of the challenges the sector faces, and the trends emerging for new and converted FSRUs.